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Saturday, April 14, 2007  

Massachusetts Health Insurance Plan Might Provide Medical Coverage To 99% of Residents

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The New York Times reports that Massachusetts health insurance is poised to become the first in which medical coverage will be available to almost everyone in the state.

State officials claim that under the plan, they expect that all but about 65,000 of the 328,000 adults who are currently uninsured will be able to get affordable coverage.

If it passes, the new proposal for medical coverage will set a "sliding scale of affordability standards in which, for example, a single person earning $40,001 a year would be expected to pay no more than 9% of income, or about $300 a month, for health insurance; a single person earning $25,000 a year would be expected to pay a much smaller percentage, about 3.3% of income, or $70 a month."

And, to top it all off, Massachusetts health insurance will also include some prescription drug benefits and more expansive coverage.

How are they pulling it all off? By paying for it; the proposal will cost the state $13 million more than the $200 million it was planning to spend.

It's going to be a costly and carefully planned tight-rope walk for legislators, but if it all goes through, Massachusetts will proudly call themselves the state with the most expansive medical coverage in the country.

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